# Borrow ALT: rates on every exchange

Annualised margin borrow rates for ALT at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-11-11 23:16 UTC · https://afterfees.xyz/borrow/ALT

## ALT borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 34.22% | 34.22% | 43.52% | 34.22% | $3.6K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 36.67% | 36.77% | 41.17% | 36.77% | $2.6K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 57.68% | 59.82% | 70.12% | 59.82% * | $30K | not published | Borrowable |

_Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred)._

## Reverse carry on ALT: borrow and sell spot, long the perp

No reverse ALT carry nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## ALT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | ALT | -0.0009% | 1 h | −7.5% |
| [BingX](https://afterfees.xyz/venues/bingx) | ALT-USDT | 0.0017% | 4 h | +3.7% |
| [BloFin](https://afterfees.xyz/venues/blofin) | ALT-USDT | 0.0033% | 4 h | +7.2% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ALTUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ALTUSDTM | 0.0050% | 4 h | +10.9% |
| [Phemex](https://afterfees.xyz/venues/phemex) | ALTUSDT | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ALT_USDT | 0.0050% | 4 h | +10.9% |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | ALT_PERP | 0.0050% | 4 h | +10.9% |

## Coins

|   |   |
|---|---|
| Funding rates and every arbitrage on this coin | [ALT](https://afterfees.xyz/coin/ALT) |

## Questions

**Where is it cheapest to borrow ALT?**

Binance, at 34.22% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend ALT.

**Can I earn negative funding on ALT by borrowing it?**

Not right now: no reverse ALT carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._